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Sitka Gold Corp V.SIG

Alternate Symbol(s):  SITKF

Sitka Gold Corp. is a Canada-based mineral exploration company. The Company’s principal business activity is the exploration for mineral resources in North America. The Company’s projects include RC Gold, Alpha Gold, Coppermine River, and Burro Creek. The RC Gold Project, comprised of the RC Gold, Mahtin, Clear Creek and Barney Ridge properties, is a district-scale, contiguous land package of 1,891 claims covering approximately 431 square kilometers. Alpha Gold Property, located along the southeast projection of the prolific Cortez Gold Trend in Eureka County, approximately 135 kilometers southwest of Elko, Nevada. The Burro Creek Gold Project is located 105 km by road southeast of Kingman, Arizona. The Company through its wholly owned subsidiary Arctic Copper Corp., holds approximately 7,500 hectares of mining claims in two separate claim blocks in the Coppermine River area in Nunavut that exhibit potential to host economic grades of copper and silver mineralization.


TSXV:SIG - Post by User

Bullboard Posts
Comment by looking4detailson Oct 29, 2020 3:48pm
102 Views
Post# 31807364

RE:only 10 million more shares to go.......

RE:only 10 million more shares to go.......

While I agree the recent dumping of shares has been frustrating stint20, rather that get too upset, I decided to just buy more shares at the discounted price...."anonymous" obviously has his/her reasons, but for some of us who took the time to look under the cover, Sitka seems to be a pretty good deal.  From my perspective, Sitka seems to be gaining momentum (regardless of the speed bump) recently.  Now it is up to management to produce results and to explain to the market why they might be on to something special.  If we continue to get solid drill results in the Yukon, even if some average investors don't understand, my guess is majors will.   In the end, the big pay out will come when we get the "big cheque" from a major.  

Maybe someone else has a differing opinion, but 139 meters of depth of 0.61 g/t similar to Fort Knox in Alaska which was making money at $1200 gold or Victoria Gold in the Yukon seems pretty good to me (especially on its maiden holes).   We only have a few weeks or less to get a better idea of what we have to start with in the Yukon.

While I would love this company to only have committed investors, from time to time, people are going to want to make money along the way.  On the bright side, hopefully the people buying will not be so quick to sell.  I do believe the future is bright....short, medium and long term.....but hey, I'm an optimist.

cheers
L4D

Bullboard Posts